Post Holdings is going through an executive shakeup, with two leadership changes. Current President and Chief Executive Officer for Post Consumer Brands Chris Neugent is now stepping into his role as Executive Vice President of Strategy for Post Holdings. Further, former Executive Vice President of Kraft Heinz’s meat and dairy business Howard Friedman is now moving into his new role as President and Chief Executive Officer of Post Consumer Brands, effective July 23rd.
“Chris and his team have done an extraordinary job in a challenging environment and I expect that Howard will build further upon our success,” Rob Vitale, President and Chief Executive Officer of Post Holdings, said in a press release. “Attracting a talent like Howard is a credit to the entire Post organization. I am also delighted that Chris will join me in working with our businesses to build value by developing organic growth strategies and M&A opportunities.”
Neugent is familiar with the company, having been with Post Holdings since 2015 when Post created a combined consumer brands unit with both Post Foods and MOM Brands. Neugent had been the Chairman and Chief Executive Officer of MOM Brands Company since 2008, where he led the company’s integration of Post cereal business and MOM Brands—a process that exceeded synergy hopes over a three-year period. A 20 percent market share for the ready-to-eat cereal category was achieved under Neugent’s leadership, as well as expanded business margins. As he steps into his new position with Post, he will bring the expertise he has cultivated with Post Consumer Brands to the table as he works with the company’s business units to develop strategic plans and competitive advantages.
Friedman is well-versed in Kraft Heinz Company, after spending most of his career there. He led the meat and dairy business, and because of his gained experience with general management and sales and marketing roles, he will step into his new role eager for more success.
Congratulations to both Chris Neugent and Howard Friedman on your new roles with Post Holdings. We look forward to seeing what this next chapter holds for you and the industry.